On Apr 23, 2014 Capstone Turbine Corporation (NASDAQ:CPST) the world’s leading clean technology manufacturer of microturbine energy systems, celebrated Earth Day by participating in a wire cutting ceremony in commemoration of Phoenix Contact’s newly installed 1000kW combined cooling, heating, and power (CCHP) system by symbolically disconnecting the facility from the electric grid. Capstone Turbine Corporation (NASDAQ:CPST) shares after opening at $2.12 moved to $2.12 on last trade day and at the end of the day closed at $2.00. Company price to sales ratio in past twelve months was calculated as 4.70 and price to cash ratio as 19.63. Capstone Turbine Corporation (NASDAQ:CPST) showed a negative weekly performance of -10.31%.
Fuel cell giant, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), continues to make impressive strides in its key metrics seen by a 13% growth in revenue, cash operating costs dropping by 23% and adjusted EBITDA improving by 60%. The first quarter also saw Ballard closing an intellectual property with united Technologies, a contract that should enable the company grows its shareholder value. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) shares fell -9.54% in last trading session and ended the day on $3.70. BLDP return on equity ratio is recorded as -57.70% and its return on assets is -28.60%. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) yearly performance is 311.11%.
Bel Fuse Inc. (BELFA) agreed to acquire the power conversion products unit of ABB Ltd (ADR) (NYSE:ABB) for about $117 million.The deal, seen closing in the current quarter, is expected to begin adding immediately to networking component maker Bel Fuse’s earnings.ABB Ltd (ADR) (NYSE:ABB) shares moved down -8.15% in last trading session and was closed at $24.12, while trading in range of $24.09-$24.48. ABB Ltd (ADR) (NYSE:ABB) year to date performance is -9.19%.
Rockwell Automation Corp. (NYSE:ROK) reported Q2 EPS of $1.35, $0.09 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.61 billion. Rockwell Automation (NYSE:ROK) weekly performance is -9.43%. On last trading day company shares ended up $115.63. Rockwell Automation (NYSE:ROK) distance from 50-day simple moving average is -5.95%. Analysts mean target price for the company is $125.65.